With an estimated 70% of the money raised in private capital coming from self-directed IRAs, knowing what this ruling means is a must for self-directed IRA investors.
Santa Ana, CA (PRWEB) October 16, 2013
Jim Hitt, CEO of American IRA, has spoken to many clients who are raising private capital for their investments and are concerned about what the new rule means to them. With an estimated 70% of the money raised in private capital coming from self-directed IRAs, knowing what this ruling means is a must for self-directed IRA investors.
The Ultimate Workshop in Real Estate Syndication provides a road-map to successfully forming and operating a group investment under the new Rule 506(c). It also answers questions:
*When do securities laws apply?
*Are there exemptions?
*With restrictions on advertising and solicitation, how do people find investors?
*What corporate entities do they need?
*What is a Private Placement Memorandum?
*Can they use legal templates instead of attorneys? *
*Where do they get help?
This three day workshop is the starting point for doing this right.
Gene Trowbridge, Esq., CCIM, is more than a theorist, more even than a teacher. Gene is a practitioner and an attorney whose firm limits itself to matters concerning the syndication of commercial and investment real estate. Trowbridge & Taylor serves clients in all 50 states from its California and Florida offices. Law firm partner, Kim Lisa Taylor, Esq., heads the Florida office and also represents a national clientele. Kim has additional background as a real estate broker, property investor and property management expert.
In a recent 18 month period the firm produced some 50 Private Placement Memorandums (PPM), each in the range of $1.0 - $5.0 million. Plus, they prepared partnership agreements, entity formation and group investment structuring for innumerable group sponsors.
American IRA, LLC was established in 2004 by James C. Hitt in Asheville, NC.
The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Mr. Hitt and his team have grown the company to over $250 million in assets under administration by educating the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more!
As a self-directed IRA administrator they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term "they" refers to American IRA, located in Asheville, NC and Charlotte, NC.